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White Papers

Top 5 Ways To Reduce Risk – K-12

For K-12 Facility Managers and Construction Managers

It’s a Risky Business. School districts managing bond programs face a diverse range of risks that can negatively impact project delivery. These risks are based on a large number of factors, some of which are beyond the owner’s control, and can result in negative changes in scope, cost, and schedule. However there are several risks that owners can control and mitigate.

Capital improvement projects involve large expenditures, bring together parties with competing interests, and face increasing project complexity and public scrutiny. All of these factors add  risk to already difficult undertakings. In a time where capital is tight, proactive owners have taken steps to lessen these risks and enable better project controls that can provide measurable cost reductions.

This white paper will identify the Top 5 risks facing school districts managing ongoing capital construction projects, and provide a summary of the strategies that owners have undertaken to mitigate risk using actual stories.

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